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Comment Re:By itself it's worse than useless (Score 1) 190

You can't just give people money in the current environment. Businesses have been consolidating and using the power that comes from market consolidation to raise prices. You can give people as much money as you want and the seven companies that virtually everything comes from will just keep raising prices.

As much as I hate to agree with anything rsilvergun says, this is absolutely correct and why UBI will never work. This is exactly what happened to college tuition. It would be better to just give certain things away for free. Have the government buy certain healthy food items and make them available to EVERYONE for FREE at the grocery stores. The farmers get paid, the stores get extra foot traffic, everyone gets food. Wins all around.

Submission + - Is the widening financial gap an overblown myth? (foreignaffairs.com)

An anonymous reader writes: Spend a few minutes browsing political commentary or scrolling social media and you will discover a seemingly settled truth: inequality in the West is soaring, the middle class is being hollowed out, and democracies stand on the brink of oligarchy. The idea is seductive because it fits everyday anxieties in many Western countries—housing has grown increasingly unaffordable, billionaire wealth mushrooms unfathomably, and the pandemic exposed yawning gaps in social safety nets. Yet the most influential claims about inequality rest on selective readings of history and partial measurements of living standards. When the full balance sheet of modern economies is tallied—including taxes, transfers, pension entitlements, homeownership, and the fact that people move through income brackets across their lives—the story looks markedly different. Western societies are not nearly as unequal as many believe them to be.

Comment Re:Use a 'fan center' to isolate when grid power d (Score 1) 607

Off the top of my head, a $100 fan center could shut the power connection when the feed from the power company goes down. Attach a 24V AC transformer to the power company line and wire it to the fan center's controller. Power goes down, circuit opens.
A $50 contactor could do the same. Look for a 2 pole (normally open) 120VAC coil. Power the coil from the power company line. When the power goes off, the contactor opens and you are disconnected.

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